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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by zagorskeon Nov 11, 2014 12:48pm
342 Views
Post# 23117540

RE:Good Q3 results

RE:Good Q3 results              I listened to the conference call and Trent was gushing over the results. He had two       
              main points:                                                                                                                               
                    
              1. Of the wells drilled, they were all coming in well above the TYPE curve and at         
                   lower costs.                                                                                                   
                                                                                                                                                  
               2. The pilot water floods were showing tremendous success and this will be an          
                    expanded focus in 2015 as it leads to higher reserves and lower decline rates.      
                                            
              So Trent gushes but the stock still sags.                                                         
                                                       

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